Xunlei's Q2 2025 earnings call presented a positive outlook with significant revenue growth across multiple segments, successful strategic acquisitions, and strong guidance for the next quarter. However, there were challenges such as increased costs, decreased gross profit margin, and ongoing losses in key segments, which tempered the overall positive sentiment.

Company Guidance -

Q3 2025

During Xunlei's Q2 2025 earnings call, the company reported a significant year-over-year revenue growth of 30.6%, reaching a total revenue of $104 million. Key metrics included a 10.5% increase in subscription revenue to $36.4 million, driven by a subscriber base that expanded to 6.4 million, with an average revenue per subscriber of RMB 40.8. The live streaming and other services sector saw remarkable growth of 85.5%, contributing $37.6 million, bolstered by the acquisition of Hupu. Cloud computing revenue increased by 13.6% to $30 million, reflecting recovery and rising client demand. Despite increased costs, the gross profit reached $51.2 million, with a margin of 49.3%. The company also recorded a substantial net income of $727.4 million, largely due to gains from its investment in Arashi Vision Inc. Looking ahead, Xunlei anticipates Q3 2025 revenues to range between $116 million and $124 million, driven by strong performances across its business segments.

Acquisition of Hupu

Successfully acquired Hupu, a leading online community for sports enthusiasts, expanding Xunlei's reach into new user segments and content domains.

IPO of Arashi Vision Inc.

Highlighted strategic investment capabilities with the IPO of Arashi Vision Inc., resulting in approximately $720 million in unrealized pretax capital gains.

Revenue Growth

Reported year-over-year revenue growth of 30.6%, driven by strong performance across key business segments.

Subscription Business Growth

Subscription revenue reached $36.4 million, a 10.5% increase compared to the same period in 2024, with subscribers reaching a record 6.4 million.

Live Streaming Revenue Surge

Live streaming and other services achieved a strong year-over-year revenue growth of 85.5%, reaching $37.6 million.

Cloud Computing Revenue Increase

Cloud computing revenue grew by 13.6% year-over-year, reaching $30 million, reflecting recovery from previous setbacks and increased demand.

Guidance for Q3 2025

Estimated total revenues for Q3 2025 to be between $116 million and $124 million, a quarter-over-quarter increase of approximately 15.4%.

Xunlei (XNET) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

XNET Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 13, 2025	2025 (Q3)	- / -	0.072	―	―	―
Aug 14, 2025	2025 (Q2)	- / 11.52	0.043	26697.67% (+11.48)	―
May 15, 2025	2025 (Q1)	- / -0.01	0.056	-123.21% (-0.07)	―
Mar 13, 2025	2024 (Q4)	- / -0.15	0.057	-371.93% (-0.21)	―
Nov 14, 2024	2024 (Q3)	- / 0.07	0.067	8.96% (<+0.01)	―
Aug 13, 2024	2024 (Q2)	- / 0.04	0.075	-42.67% (-0.03)	―
May 16, 2024	2024 (Q1)	- / 0.06	0.018	211.11% (+0.04)	―
Mar 14, 2024	2023 (Q4)	- / 0.06	0.025	128.00% (+0.03)	―
Nov 14, 2023	2023 (Q3)	- / 0.07	0.123	-45.53% (-0.06)	―
Aug 15, 2023	2023 (Q2)	- / 0.07	0.088	-14.77% (-0.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

XNET Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 14, 2025	$4.48	$5.05	+12.72%
May 15, 2025	$4.60	$4.79	+4.13%
Mar 13, 2025	$4.91	$4.85	-1.22%
Nov 14, 2024	$2.11	$1.96	-7.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Xunlei Ltd (XNET) report earnings?

Xunlei Ltd (XNET) is schdueled to report earning on Nov 13, 2025, Before Open (Confirmed).

What is Xunlei Ltd (XNET) earnings time?

Xunlei Ltd (XNET) earnings time is at Nov 13, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is XNET EPS forecast?

Currently, no data Available

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